Anything is possible @Vivo and also depends on what gets done within the next 9 to 12 months. 4 times will have a MC of $110m.
If following happens,
1. Hazen proves 99.9% or above purity - within a month, in September 2020
2. Novonix confirms and produces quality battery with Kachi samples - within 4 to 5 month, latest by end Jan 2021
3. LKE signs cornerstone investor for USD 10m to USD 15m for DFS and onsite pilot plant - within 4 months, latest by end Dec 2020
4. Signs one or two offtake partners - latest before end June 2021
Then I reckon LKE could even have a MC of $200m to $280m, which is 8 to 10 times. In my opinion all 4 four (above points) could happen in the next 12 months or less. LKE’s position in Lithium market is getting stronger day by day.
- Forums
- ASX - By Stock
- LKE
- Ann: LAKE LITHIUM TO BE TESTED IN BATTERIES BY NOVONIX
Ann: LAKE LITHIUM TO BE TESTED IN BATTERIES BY NOVONIX, page-137
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LKE (ASX) to my watchlist
|
|||||
Last
3.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $56.72M |
Open | High | Low | Value | Volume |
3.5¢ | 3.5¢ | 3.4¢ | $58.86K | 1.714M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 1317660 | 3.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.5¢ | 259343 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 689631 | 0.034 |
16 | 945687 | 0.033 |
8 | 378281 | 0.032 |
14 | 1791825 | 0.031 |
22 | 1365432 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 259343 | 3 |
0.036 | 465629 | 5 |
0.037 | 1082055 | 6 |
0.038 | 1238752 | 7 |
0.039 | 1393027 | 6 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
Featured News
LKE (ASX) Chart |